Depressing, right? Except that Christina, who writes the Northern Cheapskate website, decided to take a different look at the situation. Specifically, she looked at recent bank statements and her annual credit report.
The sight of paid-off debt and gradually rising balances cheered her and her husband considerably.
“Even though we felt stuck, we were moving – albeit ever so slowly – in the right direction,” she wrote in a post called “The importance of seeing your hard work pay off.”
I strongly recommend running the numbers, for two reasons:
- To see where you need to make adjustments/get creative, and
- To discern and celebrate any improvement, no matter how small.
Recently I ran my own numbers – and I liked what I saw.